Competition rules

Reed MIDEM a French company organised
in the legal form of a société par actions simplifiée (simplified joint stock
company) with a share capital of 310,000 € having its registered office at
27-33 Quai Alphonse le Gallo, 92200 Boulogne-Billancourt, France, registered
with the Nanterre Commerce and Companies Registry under the number 662
003 557 is the organiser of the MIPIM Asia 2018 Property Leaders Summit (“MIPIM
Asia”), taking place November 27-28, 2018, in Hong Kong, and of the related
MIPIM Asia Awards 2018 (“MIPIM Asia Awards”).

The competition rules of the MIPIM
Asia Awards (“Rules”) are detailed hereafter.

Item 1: Competition
categories and eligibility requirements

Will only be considered buildings, real
estate projects and retailers in the Asia Pacific region.

Any developer, architect, retail
company, city or local authority may enter the competition in one of the
following 12 categories:

§Best hotel & tourism
development

§Best innovative green
building

§Best mixed-use
development

§Best office &
business development

§Best refurbished building

§Best residential
development

§Best retail development

§Best urban regeneration
project

§Best Chinese futura
project

§Best Chinese futura mega
project

§Best futura project

§Best futura mega project

Item 2: Number of
projects allowed

There is no limit on the number of
submissions per company, and one entry can be in several categories as long as
it meets all the eligibility requirements stipulated in the Rules and separate
submissions are prepared.

Item 3: Pre-entry form

Companies wishing to enter the
competition must complete and submit one online pre-entry form per project so
that Reed MIDEM can verify each project’s eligibility.

If the project is managed by several
companies, the company submitting the project guarantees that he is the sole
initiator together with possible co-authors and warrants that he holds all the
rights for the presented projects and information related to the project, and
that he does not harm any potentially involved third party’s rights or anyone’s
private life or likeness, and that the project / idea does not infringe any
law, especially copyright laws. In case several companies submit the same
project, they must reach an agreement to design one company only. If not, Reed
MIDEM reserves the right to keep the first entry and reject the other ones. In
any case, Reed MIDEM will not be held liable in case of any conflicts between
the companies.

Pre-entry form(s) must be completed
online by 29 June, 2018.

Item 4: Final entry form

If the submitted project complies
with the present Rules, Reed MIDEM will ask the company to complete and submit
the final entry form and all required materials by 31 July, 2018.

Entry forms must be filled out in
English.

The company submitting the project
understands and accepts that all entrant information, including photographs and
other materials provided, may be forwarded to third parties, including RELX
group companies, with whom Reed MIDEM has contracted for the purposes of
organising the competition. This information may be disseminated via any media,
including the Internet, for communications relating to the MIPIM ASIA and the MIPIM
Asia Awards, unless the entrant objects to the use of his/her photographs on
the Internet.

Item 5: Entry fees

5.1. Entry fees. Entrants must pay an
Entry fee of 530 USD per project. Fees are not refundable, regardless of the
results of the jury’s selection.

Important:
If the Entry fee is not paid, the company will not be authorised to participate
in the MIPIM Asia Awards competition and the project will not be examined by
the jury.

Entrants
will receive the contract by e-mail along with the final entry form. For
security reasons, if the payment is by credit card, the contract has to be
returned by fax at +33 (0)1 79 71 90 90. Contracts containing credit card
details cannot be accepted by e-mail.

5.2. Complementary
fee for winners. If a company’s project is shortlisted by the jury and is
therefore part of the 36 winners, an additional fee of 3000 USD must be paid.
This fee will include one free entry pass to MIPIM Asia, one seat at the Awards
Gala Dinner and the promotion of the project before, during and after the show.

The
deadline for submitting the payment of this fee will be announced after the
jury meeting held in September 2018. If this mandatory fee is not paid, the project
will be removed from the winners’ list.

Item 6: The jury and its
mission

All completed entries received by 31 July,
2018, will be submitted to the MIPIM Asia Awards Jury, an independent body of
real estate professionals selected by Reed MIDEM.

The jury will meet in September 2018
to review all the entries and announce the 36 winners (3 winners per category).

The jury's mission is to select 3 winners
in each of the 12 categories mentioned in item 1.

The jury can, in total independence,
base its selection upon various and unlimited criteria such as infrastructure
and transport access, integration into the environment, originality of the
concept, technical and architectural qualities, and services offered.

The jury is also entitled to move any
project to a more appropriate category and consequently judge the project in
that category. The entrant will be informed by email of this change.

The jury reserves the right not to
examine incomplete entries or entries that do not comply with the present
rules.

The jury may decide to remove
categories if they consider that the submitted projects do not ensure
a sufficient level of quality.

The jury’s decision is final and will
not have to be justified.

Item 7: Visual elements
for the show and vote

Entrants will be informed by email if
their projects have been selected by the MIPIM Asia Awards Jury. If they are
selected, the materials (short description, photos, video) sent previously may be
displayed during the MIPIM Asia Awards Gala Dinner. Reed MIDEM reserves the
right to choose which elements will be displayed and modify these elements to
guarantee the quality of the competition and the MIPIM ASIA Awards Gala Dinner.

The winners expressly authorise Reed MIDEM and its media
partners to use their employee’s names, likenesses, voices, companies logos,
trademarks, titles, extracts and other intangible rights and promotional items including
project video(s) and/or image(s), for conducting the voting process, presenting
the project(s) during MIPIM Asia and the MIPIM Asia Awards Gala Dinner, and
promoting the MIPIM ASIA and the MIPIM Asia Awards.

Winners also certify and guarantee that they have been
authorised to this end by potential co‑creators or third parties and commit to
provide Reed MIDEM with the name of the photographer (photo credit).

Item 8: Competition prizes

In addition to the awards given to
category winners, there will be one extra prize, the Special Jury Award for the
jury’s favourite project chosen during the jury meeting

Item 9: Voting results

After the jury meeting and prior to MIPIM Asia, the MIPIM
Asia community will be able to vote for their favourite project in each
category. Their vote will be combined with the jury’s vote, each representing
50% of the final result that will determine each category winner.

In the event of a tie between two or more projects, the president
of the jury will determine the winner in the presence of a Reed MIDEM
representative and an independent assessor.

The final results will determine the ranking of each
category winners: Gold, Silver or Bronze.

The winners will be informed of the results during the
MIPIM Asia Awards Gala Dinner.

Item 10: MIPIM Asia Awards Gala Dinner

The competition results will be announced during the MIPIM
Asia Awards Gala Dinner, which will take place on 28 November, 2018 at the
Grand Hyatt Hotel, Hong Kong.

Official representatives for the winning projects will
collect their prizes on stage.

The prize-giving may be photographed and recorded for the
purposes of promoting the MIPIM Asia Awards, the winners and their project(s).
Winners authorise Reed MIDEM and their representatives to photograph and video
and audio record the prize-giving directly or indirectly, including their
likenesses and voices, together with any elements related to their projects as
mentioned under Items 4 and 7 above, and to reproduce and broadcast those
photography and recording to the public by any means, including the www.mipim-asia.com
website for promotional purposes. Winners also certify and guarantee that they
have been authorised to this end by their representatives and any potential
co-creators and third parties.

Item 11: MIPIM Asia Awards Gala Dinner attendance

Each winning company must send at least one official
project representative to the MIPIM Asia Awards Gala Dinner to receive its prize(s)
on stage.

Item 12: Force Majeure

In the event of force
majeure or unforeseen circumstances resulting in the impossibility of
organising MIPIM Asia, the MIPIM Asia Awards shall be cancelled without any
indemnification whatsoever.

"Force Majeure"
means any health, climate, economic, political or social situation at the local,
national or international level: (i)
which could not have been reasonably foreseen at the time of entering into the
participation contract, (ii) which is
beyond the control of the parties, and (iii) which precludes the performance of
the parties' obligations, and, in particular, the holding of the event, or
which poses a risk of disturbances likely to seriously affect the organisation
and the smooth running of the event or the safety of persons and property.

Item 13: Privacy

Reed MIDEM collects entrants’’
personal data by the present document or during participation of the event,
(attended places or events, services operated). The data is processed by Reed
MIDEM for the purposes of caring out its contractual obligations (notably
customer’s data base management, events, services and ticketing management,
invoicing and cash collection management) and promoting its activity.

Such data is stored for a
maximum duration of 10 years.

This personal data can
be:

• integrated into the online database available
to Participants to enable them to prepare the event, promote their business and
schedule their business appointments within the event. In this respect,
Participants undertake not to use the data for any other purposes. Reed MIDEM
reserves the right to stop by any means any disturbance caused by any forbidden
use of personal data;

• transmitted to sub processors that have
undertaken to comply with Data Protection Laws requirement such as companies
belonging to the same group, in particular the companies of the RELX group,
service providers and partners, who may be located outside the European
Economic Area;

• communicated to Participants, such as
speakers, sponsors, exhibitors, who can be located outside the European
Economic Area to carry out commercial prospecting;

• used on all distribution and promotional
media in connection with the relevant event including over the internet;

As a data controller,
Reed MIDEM have implemented and maintain appropriate technical and
organizational measures in such a manner that its processing of personal data
meet the requirement of French and European Data Protection Laws and in
particular GDPR.

Item 14: Claims

Entrants may exercise
their right to access, obtain, correct and oppose the use of your personal data
by writing to: contact.dpo@reedmidem.com

In case, unsatisfied
answer to entrants’ request, entrants may rise a complain before the French
National Data Protection Authority (Commission Nationale Informatique et
Libertés or CNIL) www.cnil.fr

Registering and competing
for the MIPIM Asia Awards implies full acceptance of the present Rules.

The Rules and the MIPIM
Asia Awards are governed by French law.

If no amicable settlement
can be reached, any dispute arising in connection with the construction and/or
performance of the Rules as well as said Awards shall fall under the
jurisdiction of the Commercial Court of Paris, which is expressly acknowledged
and agreed by the parties.